29.84 USD
-0.04 (-0.13%)
29.84 USD
0 (0%)
DBX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 280 industry peers in the Software industry. DBX scores excellent on profitability, but there are concerns on its financial health. DBX may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
DBX had positive earnings in the past year.
DBX had a positive operating cash flow in the past year.
DBX had positive earnings in 4 of the past 5 years.
DBX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 17.97%, DBX belongs to the top of the industry, outperforming 93.21% of the companies in the same industry.
With an excellent Return On Invested Capital value of 59.34%, DBX belongs to the best of the industry, outperforming 98.93% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DBX is significantly above the industry average of 11.97%.
The 3 year average ROIC (17.97%) for DBX is below the current ROIC(59.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROIC | 59.34% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
1.3 Margins
DBX's Profit Margin of 19.87% is amongst the best of the industry. DBX outperforms 83.57% of its industry peers.
DBX's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 24.57%, DBX belongs to the best of the industry, outperforming 89.64% of the companies in the same industry.
DBX's Operating Margin has improved in the last couple of years.
DBX's Gross Margin of 80.66% is amongst the best of the industry. DBX outperforms 82.50% of its industry peers.
DBX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% |
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), DBX is creating value.
Compared to 1 year ago, DBX has less shares outstanding
DBX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, DBX has a worse debt to assets ratio.
2.2 Solvency
DBX has an Altman-Z score of 0.58. This is a bad value and indicates that DBX is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.58, DBX is not doing good in the industry: 67.86% of the companies in the same industry are doing better.
DBX has a debt to FCF ratio of 3.10. This is a good value and a sign of high solvency as DBX would need 3.10 years to pay back of all of its debts.
DBX has a Debt to FCF ratio of 3.10. This is in the better half of the industry: DBX outperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Altman-Z | 0.58 |
ROIC/WACC5.9
WACC10.05%
2.3 Liquidity
A Current Ratio of 0.57 indicates that DBX may have some problems paying its short term obligations.
DBX's Current ratio of 0.57 is on the low side compared to the rest of the industry. DBX is outperformed by 92.14% of its industry peers.
A Quick Ratio of 0.57 indicates that DBX may have some problems paying its short term obligations.
DBX's Quick ratio of 0.57 is on the low side compared to the rest of the industry. DBX is outperformed by 91.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.32% over the past year.
Measured over the past years, DBX shows a very strong growth in Earnings Per Share. The EPS has been growing by 38.64% on average per year.
Looking at the last year, DBX shows a decrease in Revenue. The Revenue has decreased by -0.44% in the last year.
The Revenue has been growing by 8.93% on average over the past years. This is quite good.
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
3.2 Future
Based on estimates for the next years, DBX will show a small growth in Earnings Per Share. The EPS will grow by 2.92% on average per year.
Based on estimates for the next years, DBX will show a decrease in Revenue. The Revenue will decrease by -1.17% on average per year.
EPS Next Y8.83%
EPS Next 2Y7.95%
EPS Next 3Y4.73%
EPS Next 5Y2.92%
Revenue Next Year-1.83%
Revenue Next 2Y-1.21%
Revenue Next 3Y-0.97%
Revenue Next 5Y-1.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.36, the valuation of DBX can be described as very reasonable.
Based on the Price/Earnings ratio, DBX is valued cheaply inside the industry as 87.14% of the companies are valued more expensively.
DBX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
Based on the Price/Forward Earnings ratio of 10.20, the valuation of DBX can be described as reasonable.
Based on the Price/Forward Earnings ratio, DBX is valued cheaply inside the industry as 88.57% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of DBX to the average of the S&P500 Index (35.79), we can say DBX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.36 | ||
| Fwd PE | 10.2 |
4.2 Price Multiples
85.00% of the companies in the same industry are more expensive than DBX, based on the Enterprise Value to EBITDA ratio.
94.29% of the companies in the same industry are more expensive than DBX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.79 | ||
| EV/EBITDA | 12.6 |
4.3 Compensation for Growth
DBX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of DBX may justify a higher PE ratio.
PEG (NY)1.17
PEG (5Y)0.27
EPS Next 2Y7.95%
EPS Next 3Y4.73%
5. Dividend
5.1 Amount
DBX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
29.84
-0.04 (-0.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners107.64%
Inst Owner Change-1.56%
Ins Owners5.95%
Ins Owner Change-1.88%
Market Cap8.05B
Revenue(TTM)2.53B
Net Income(TTM)502.50M
Analysts50.53
Price Target28.86 (-3.28%)
Short Float %12.12%
Short Ratio6.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.22%
Min EPS beat(2)11.32%
Max EPS beat(2)13.12%
EPS beat(4)4
Avg EPS beat(4)12.9%
Min EPS beat(4)11.32%
Max EPS beat(4)15.74%
EPS beat(8)8
Avg EPS beat(8)11.94%
EPS beat(12)12
Avg EPS beat(12)11.32%
EPS beat(16)16
Avg EPS beat(16)10.18%
Revenue beat(2)2
Avg Revenue beat(2)0.45%
Min Revenue beat(2)0.16%
Max Revenue beat(2)0.74%
Revenue beat(4)2
Avg Revenue beat(4)0.1%
Min Revenue beat(4)-0.26%
Max Revenue beat(4)0.74%
Revenue beat(8)2
Avg Revenue beat(8)-0.19%
Revenue beat(12)4
Avg Revenue beat(12)-0.08%
Revenue beat(16)5
Avg Revenue beat(16)-0.11%
PT rev (1m)1.91%
PT rev (3m)0.42%
EPS NQ rev (1m)3.79%
EPS NQ rev (3m)3.71%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.03%
Revenue NQ rev (1m)0.71%
Revenue NQ rev (3m)0.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.36 | ||
| Fwd PE | 10.2 | ||
| P/S | 3.18 | ||
| P/FCF | 8.79 | ||
| P/OCF | 8.66 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.6 |
EPS(TTM)2.88
EY9.65%
EPS(NY)2.93
Fwd EY9.8%
FCF(TTM)3.39
FCFY11.37%
OCF(TTM)3.45
OCFY11.55%
SpS9.37
BVpS-5.67
TBVpS-7.5
PEG (NY)1.17
PEG (5Y)0.27
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROCE | 69.59% | ||
| ROIC | 59.34% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% | ||
| FCFM | 36.22% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
ROICexc(3y)69.99%
ROICexc(5y)80.12%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.07%
ROCE(5y)17.71%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-15.6%
ROICexc growth 5YN/A
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
F-Score4
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 9.3% | ||
| Cap/Sales | 0.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 119.86% | ||
| Profit Quality | 182.25% | ||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.58 |
F-Score4
WACC10.05%
ROIC/WACC5.9
Cap/Depr(3y)17.74%
Cap/Depr(5y)24.54%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.78%
Profit Quality(3y)165.94%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
EPS Next Y8.83%
EPS Next 2Y7.95%
EPS Next 3Y4.73%
EPS Next 5Y2.92%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
Revenue Next Year-1.83%
Revenue Next 2Y-1.21%
Revenue Next 3Y-0.97%
Revenue Next 5Y-1.17%
EBIT growth 1Y22.21%
EBIT growth 3Y16.58%
EBIT growth 5YN/A
EBIT Next Year24.01%
EBIT Next 3Y6.3%
EBIT Next 5Y8.46%
FCF growth 1Y22.16%
FCF growth 3Y7.53%
FCF growth 5Y17.4%
OCF growth 1Y19.56%
OCF growth 3Y7%
OCF growth 5Y11.09%
DROPBOX INC-CLASS A / DBX FAQ
What is the ChartMill fundamental rating of DROPBOX INC-CLASS A (DBX) stock?
ChartMill assigns a fundamental rating of 5 / 10 to DBX.
What is the valuation status for DBX stock?
ChartMill assigns a valuation rating of 8 / 10 to DROPBOX INC-CLASS A (DBX). This can be considered as Undervalued.
Can you provide the profitability details for DROPBOX INC-CLASS A?
DROPBOX INC-CLASS A (DBX) has a profitability rating of 9 / 10.
What is the valuation of DROPBOX INC-CLASS A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DROPBOX INC-CLASS A (DBX) is 10.36 and the Price/Book (PB) ratio is -5.26.